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The Ferment of Finance; How Innovation Happens
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 402 no. 8773 (Feb. 2012)
,
page S6-S8.
Topik:
Financial Crisis
;
World's Economic Woes
;
Financial Innovation
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.70
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
What with the world's economic woes and the industry's regulatory overhaul, this may not seem like the most propitious time for financial innovation. Yet the current environment is perfect for stimulating finance's creative juices. Regulation has always sparked bouts of inventiveness as practitioners seek both to get around new rules (as they did with the introduction of the SIV in the late 1980s) and to benefit from them (for example, rule changes in the 1970s that allowed pension funds to put more money into high-risk assets).
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